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(Dan here…lifted from One handed Economist by David Zetland’s Interesting Stuff)
(Dan here…lifted from One handed Economist by David Zetland’s Interesting Stuff)
“Social Security and Medicare finances bolstered by growing economy,” (axios.com), Neil Irwin. Two different pieces of information going on here. The pie chart below shows were we were in 2021 for Medicare. I have not compared the pieces of information to see if they conflict. I do not have charts for Social Security, I can […]
(Dan here…Hat tip to Peter Dorman for the notice and Anonymous for the link at Econospeak)
This wasn’t supposed to be a website that hosts popularity contests where if you lose, you die.
Housing permits and starts continue to fall, but housing under construction continues to (slowly) rise – by New Deal democrat The monthly numbers for housing permits, starts, and single family permits all declined this month. Permits (red in the graph below) declined -38,000 annualized to 1.526 million annualized, and starts (blue) declined -62,000 annualized […]
Before you start chattering at me about this and that detail, let’s get an understanding. I am supply chain and manufacturing or manufacturing and supply chain. If there was a job opening in either and with appropriate pay, I was more than likely in. Companies hiring me usually did so because they had a problem. […]
October retail sales: consumers: “We’re not dead yet!” – by New Deal democrat Retail sales, my favorite consumer indicator, was reported this morning for October. And it was a good number, up +1.3% nominally, and up +0.5% after adjusting for inflation: On the bright side, this was the highest absolute number since April. On the […]
October industrial production: consistent with a very slow expansion – by New Deal democrat I call industrial production the King of Coincident Indicators, because more often than any other metric it coincides with the peaks and troughs of economic activity as determined by the NBER, the official arbiter of recessions. Unlike retail sales, the news […]
A friend sent this along, no link:
October producer prices: more evidence that supply chain pressures have eased – by New Deal democrat Let me start this discussion of October’s producer price index by pointing to the NY Fed’s “Global Supply Chain Pressure Index” for the past 5 years through October: Before Trump’s tariff’s in 2018, most often this index was slightly […]